DDG and Co. CPAs

DDG and Co CPAs at Xero Asia Roadshow 2024 (Kuala Lumpur, Malaysia)

"All remaining Official Receipts can be used, until fully consumed. Inventory reports and notices can be submitted through email. The BIR is committed to making the transition to EOPT as convenient to taxpayers as possible. Comments and suggestions on the different services provided by the BIR and its implementation of the EOPT are welcome" --Commissioner Romeo D. Lumagui

Maari pa ring gamitin ang mga natitirang Official Receipts (OR) hanggang maubos ang mga ito, kahit lumagpas pa ng December 31, 2024. Ang mga Inventory Reports o Notice na kailangan sa transitory provitions ng Revenue Regulation No. 7-2024 ay maari na pong ipasa sa email. Ang mga pagbabago na ito ay alinsunod po sa Revenue Regulation No. 11-2024 at Revenue Memorandum Circular No. 66-2024 na may layunin na mas padaliin ang paglilipat sa bagong sistema na buhat ng Ease of Paying Taxes Act.

Sinisikap ng BIR na padaliin at pasimplehin ang iba't-ibang mga regulations, sistema, at mga proseso mula ng maisabatas ang EOPT. Kasabay nito ay ang ating walang sawang pagpapayaman ng kaalaman ng mga taxpayers sa pamamagitan ng mga EOPT Roadshows. Dumayo na po ang mga lider ng BIR sa Metro Manila, Cebu, Davao, Koronadal, at Pangasinan para makapagbahagi ng kaalaman sa mga taxpayers. Dumagsa ang libu-libong mga taxpayers, tax practitioners, at mga negosyante para maging updated sa EOPT.

Tuloy-tuloy po nating lilibutin ang iba't-ibang mga bayan para makapagdaos ng EOPT Roadshow, ito po ay bahagi ng ating programa para sa taxpayer education.

RR 7-2024 Requirement for Unused ORs to be used as Invoice

The BIR allows taxpayers to use their unused ORs as Invoice until fully consumed but not later than end of 2024. Taxpayers need to strikethrough the word Official Receipt and replace with Service Invoice, etc. Taxpayers need to submit a written request and an inventory of unused ORs 30 days from the effectivity date.

We encourage concerned TPs to just apply for an ATP for the new Invoice to be issued at the risk of issuing erroneous ORs subj to penalties.

Send a message to learn more

Despedida lunch for one of our valued staff. Good luck on your new career in Real Estate =)

Team Lunch @ Clark

BIR Tax Deadline
March 1 Wednesday

SUBMISSION of Consolidated Return of All Transactions based on the Reconciled Data of Stockbrokers — February 16 – 28, 2023
SUBMISSION of Engagement Letters and Renewals or Subsequent Agreements for Financial Audit by Independent CPAs — Fiscal Year beginning May 1, 2023
SUBMISSION of Annual Alphabetical List of Taxpayers (Individual/Corporations) who were issued Provincial/city/Municipal/Barangay Permits to engage in business — Calendar Year ending December 31, 2022
e-FILING/FILING of BIR Form 1604-E (Annual Information Return of Creditable Income Taxes Withheld-Expanded/Income Payments Exempt from Withholding Tax) and Related Alphalist — Calendar Year 2022
e-FILING/FILING & e-PAYMENT/PAYMENT of BIR Form 1702Q (Quarterly Income Tax Return For Corporations, Partnerships and Other Non-Individual Taxpayers) and Summary Alphalist of Withholding Taxes (SAWT) — For the Quarter ending December 31, 2022

GUIDLINES FOR THE SUBMISSION OF BIR FORM 2316

DEADLINE: FEBRUARY 28, 2023

Looking for Business Registration Assistance?
We offer business registration services such as:
> SEC Registration
> BIR Registration
> DTI Registration
> Mayor's and Barangay Business Permit
> BIR Authority (Print & Receipts)
> Employer’s Registrations (SSS, PAG-IBIG, PhilHealth)

For inquiries, contact us through our phone or email:
Phone: 0908-819-2788
Email: [email protected]

We are HIRING!

JOB QUALIFICATIONS:
- Candidate must possess a Bachelor's Degree in Accountancy (CPA is an advantage) but not required
- At least 1 year(s) of working experience in the related field is required for this position.
- Competency in MS Office, and databases
- Experience with accounting systems is an advantage
- 2 Full-Time position(s) available
- Must be willing to work in Makati City or Angeles City

BIR Tax Deadline Today

In case you missed out the announcement last year:
NO MORE EXPIRATION for RECEIPTS & INVOICES

Per Revenue Regulations (RR) No. 6-2022, the BIR has removed the five-year validity period on all printed and system-generated receipts/invoices effective on July 16, 2022.

We are HIRING!

JOB QUALIFICATIONS:
- Candidate must possess a Bachelor's Degree in Accountancy (CPA is an advantage) but not required
- At least 1 year(s) of working experience in the related field is required for this position.
- Competency in MS Office, and databases
- Experience with accounting systems is an advantage
- 2 Full-Time position(s) available
- Must be willing to work in Makati City or Angeles City

BIR TAX DEADLINE - January 31, 2023

☑ Annual Registration Fee for Every Head Office and/or Branch of any Business Establishment Calendar Year 2023

☑ BIR Form 2316 (Certificate of Compensation Payment/Tax Withheld – For Compensation Payment With or Without Tax Withheld) to the Employees Calendar Year 2022

☑ BIR Form 1604-C (Annual Information Return of Income Taxes Withheld on Compensation) and BIR Form 1604-F (Annual Information Return of Income Payments Subjected to Final Withholding Taxes) and Related Alphalist Calendar Year 2022

Submission of ANNUAL INVENTORY LIST and other reporting requirements for taxable year 2022 (RMC 57-2015)

Deadline: January 30, 2023

Submission of Reportorial Requirement for Establishments LEASING or RENTING OUT spaces for Commercial Activities (RR 12-2011)

Deadline: January 31 – Tenants as of December 31 2022

BIR simplifies filing of VAT returns.

Starting 2023, no more monthly VAT return, only Quarterly VAT return are required per RMC 5-2023.